Press Release Archives
- CalOSBA Awarded $25.3 million from Biden-Harris Administration to Support Small Businesses and Entrepreneurs across California August 8, 2023 - SACRAMENTO, CA – Last week, the California Office of Small Business Advocate (CalOSBA), an arm of the Governor’s Office of Business and Economic Development (GO-Biz), was awarded the State Small Business Credit Initiative Technical Assistance (SSBCI TA....
- CalOSBA Invests $25 Million for Launch of Nation’s First Statewide Program to Support Employment Social Enterprises July 17, 2023 - SACRAMENTO, CA (July 17, 2023) —CalOSBA has selected its partners to build a first-of-its-kind program designed to accelerate economic inclusion by investing in the power of employment social enterprises (ESEs). CA RISE (California Regional Initiative for Social Enterprise) will help ESEs statewide improve their business stability and advance the economic mobility....
- California Announces First Investment by Program Designed to Create More Inclusive Venture Capital Ecosystem June 27, 2023 - Today, IBank announced the first investment by a new state program, Expanding Venture Capital Access. The program — the first venture capital (VC) program administered by the state — was designed to create a more inclusive VC ecosystem...
- California Continues to Lead in Semiconductor Manufacturing, Awards $46 Million in Tax Credits Expected to Generate More than $1.3 Billion in Investments June 15, 2023 - SACRAMENTO – California is investing $46 million in innovative companies to bolster the economy and create nearly 500 new jobs across the state. These new CalCompetes Tax Credit awards will continue to support the cutting-edge technologies and businesses that are the hallmark of California, ...
- State of California’s Infrastructure and Economic Development Bank Reaches $1 Billion in Infrastructure Loans Supporting California Communities through Clean Water, Organic Recycling, Safer Roads, Fire Protection, and More June 12, 2023 - IBank announced that it had closed more than $1 billion in loans to cities, counties, and special districts to finance critical infrastructure for California communities around the state...
- California Awards Nearly $40 Million for Communities to Build Industries of the Future May 24, 2023 - Governor Gavin Newsom announced $39 million in state funding going to economic development projects across the state that support California’s transition to a low-carbon, green growth future...
- GO-Biz Concludes Summer Series of Foreign Investment Attraction Events May 23, 2023 - The GO-Biz International Affairs and Trade team recently concluded three weeks of initiatives focused on highlighting opportunities in California to international businesses...
- California Grows Green Jobs, Invests $34 Million in Innovative Technologies Statewide April 27, 2023 - Sacramento, CA – California is investing $34.2 million in cutting-edge industries to bolster the economy and create more than 1,500 new jobs, with the majority of those being green jobs. Companies receiving these funds will develop and manufacture zero-emission, autonomous aircrafts, ....
- California Ports Sign Memorandum of Understanding on Data System Development April 26, 2023 - California’s five containerized ports inclusive of the Port of Hueneme, the Port of Long Beach, the Port of Los Angeles, the Port of Oakland, and the Port of San Diego, signed a Memorandum...
- California’s Film & TV Tax Credit Program Welcomes Record-Breaking Relocating TV Series April 17, 2023 - Hollywood, Calif. – April 17, 2023 – The California Film Commission today announced that seven TV projects -- two relocating series and five new series -- have been selected for the state’s latest round of film and television tax credits. These projects will spend an estimated $527 million in California during their first season and employ 1,585 crew, 629 cast, and 19,994 background actors....
- California Submits Application to U.S. Department of Energy for Federal Funding to Become a National Hydrogen (H2) Hub April 7, 2023 - California – Today, the Alliance for Renewable Clean Hydrogen Energy Systems (ARCHES) has submitted an application to the United States Department of Energy (DOE), as part of the Biden Administration’s Hydrogen Earth Shot Challenge. ARCHES is the official applicant and organizer for California's proposal to bring a statewide Department of Energy
- RECAP: Lieutenant Governor Eleni Kounalakis and GO-Biz Director Dee Dee Myers Lead California Trade Delegation to Japan March 22, 2023 - Last week, Lieutenant Governor Eleni Kounalakis and GO-Biz Director Dee Dee Myers led a delegation of more than 100 California business executives and senior California government officials to...
- California Film & TV Tax Credit Program Welcomes 24 New Film Projects Estimated to Generate $662 Million In Spending Across the State March 6, 2023 - Despite increasingly strong global competition, California’s Film & Television Tax Credit Program continues to welcome big-budget and independent films.
- California’s Film and TV Tax Credit Program Extended for Five Years in Governor’s Proposed Budget January 10, 2023 - New provisions affirm California’s long-term commitment to fighting ‘runaway production’ and defending its status as the world’s media production capital...
- IBank Board Approves $4.3 Million Loan to Help Tiburon Fire Protection District Build New Station December 29, 2022 - IBank board of directors approved $4.3 million in loan financing to the Tiburon Fire Protection District for a project that will allow firefighters to better protect the lives and property of Californians...
- IBank Board Approves $6 Million Loan to City of Watsonville to Build New Landfill December 29, 2022 - IBank board of directors approved $6 million in loan financing to the City of Watsonville to build a new landfill. The project will allow the city to process waste more efficiently and expand organic waste...
